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EU officials suggest frantic days ahead for Athens until March 11 Eurogroup
EconomyProgrammeon February 27 “is likely to say that Greece has not completed the agreed reforms.” The unnamed official... the courts hear the cases in question. APS The Finance Ministry has also sent another proposal to Brussels...’ balance sheets. This has to do with the scheme that was put together by the Hellenic Financial
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Athens adjusts foreclosure framework, waits for lenders to give green light
EconomyProgramme. The draft law, which has been sent or will be sent this weekend to the institutions, also requires a sign... that Greece has not yet fulfilled all its pledges. But he expressed confidence that the outstanding... result on the 27th is that they'll have a report that says Greece has done an awful lot of work,” he
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Primary surplus targets become part of main political agenda ahead of elections
PoliticsGreek PoliticsThe issue of Greece’s primary surplus targets has come back into the country’s political debate... overperformance, rather than redistributing it, as the current government has done over the past... cuts but by also taking into consideration that the budget has overperformed over the past years
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Greece attracts strong interest and yield below 4 pct for first 10-year bond since 2010
EconomyThe positive sentiment around Greek sovereign debt, which has been evident since the turn.... The yield of the previous such issue in March 2010 was 6.3 percent. Greece has not seen yields of below... of its annual issuance target and has a substantial amount of new cash to be added to its cash buffer
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PDMA releases details of 10-year bond, highlighting strong interest
EconomyGreece’s Debt Management Agency (PDMA) has provided the details of the country’s second bond... of the previous 5-year issue roughly a month ago. The PDMA notes that the new 5-year has performed well during its first month of trading and since issuance the yield has dropped by nearly 1
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Building permits down by 7.5 pct in Dec but up by 10.3 pct during 2018
EconomyMacroeconomypercent while volume increased by 21.8 percent. Greece’s construction sector has remained subdued... has surpassed the total for 2017 by 1,478 permits. However, the total for the year is roughly 84... interest, meanwhile, has been slower to pick up as Greeks face ongoing capital control restrictions
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What next for Cyprus gas after the Exxon find?
Agoraof supplies to Europe. Q: Then why has everyone made such a fuss? A: On the international side.... It is not yet known whether Glaucus-1, which has been described as located in “Zohr-like” structures, contains H2S. This leaves as options: the East Med pipeline, which has not yet been built and has plenty
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BoG underlines progress in NPE reduction but stresses need for systemic solution
Economyand in which the BoG has taken an active role by leading an initiative for a more systematic approach... in the ongoing improvement of the macro environment and the improved institutional framework that has removed... decisions. Additionally, the composition of the reduction effort has changed as sales now lead the effort
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In Skopje, Tsipras focuses on name deal positives as trademark issue looms
PoliticsForeign Policyto the issue of the trademarks. It has been agreed that a common steering committee will be formed by May... discussions on Tuesday. Both premiers are aware that this issue has been instrumentalised... plan has two dimensions: political and an economic. The first is related to the upgrading
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PM hopes North Macedonia visit, debt relief decision will provide lift
PoliticsGreek Politicspercent of Greeks dislike the compromise he made with the neighbouring country, the SYRIZA leader has... claiming the “Macedonian” trademark and has promised to pursue this issue. The two governments have... and Brussels. “Greece has taken the necessary actions to achieve all specific reform commitments
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